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New Delhi: After oil, a cut in food subsidy is on the anvil as a high-level panel Wednesday suggested giving cash to beneficiaries and shifting rice and wheat procurement to states that do not have provisions for administered purchase price.

Food Corporation of India (FCI), the Union government's nodal agency for procurement and distribution of foodgrains, should focus on eastern states, leaving bulk purchase to state agencies in Punjab, Haryana, Andhra Pradesh, Chhattisgarh, Madhya Pradesh and Odisha, the panel suggested in its report submitted to Prime Minister Narendra Modi.

Mumbai: Shares of SpiceJet Wednesday settled over 8 percent lower after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

After falling 8.69 percent to Rs 21 in intra-day trade at the BSE, shares of SpiceJet ended 8.26 percent lower at Rs 21.10.

The company's market capitalisation fell by Rs 101.56 crore to Rs 1,129.44 crore.

On the volume front, 120 lakh shares of the company changed hands at the BSE during the day.

Washington, Jan 21 : A Norwegian ship designer Lade AS has come up with a futuristic new design for cargo vessels, which uses the ships' hulls as a sail.

The 'Vindskip,' which is inspired by sailboats and aerospace, has its hull shaped like a symmetrical air foil that will generate aerodynamic lift, giving a pull in the ship's direction, the Fox News reported.

The hybrid merchant vessel will also use a Liquid Natural Gas electric propulsion system, which takes the ship to the necessary speed to generate aerodynamic lift on its hull and will employ a specialized computer program to analyze meteorological data and calculate the best sailing route based on available wind energy.

Washington, Jan 21 : According to a CNN/ORC instant poll, United States President Barack Obama's

London, Jan 21 : A new study has recently revealed that sophisticated thinking robots may soon take up jobs as traffic wardens, estate agents and careers within the next 50 years.

Nearly 48 per cent of Brits fear for their job due to technological innovation, a study found, and the most likely employment for androids were as traffic wardens, estate agents and car salesmen, the Daily Star reported.

London, Jan 21 : Dakota Johnson, who plays Anastasia Steele in ' Fifty Shades of Grey ,' has